India Index
India Index
June 13, 2025 at 12:22 PM
State Oil Majors to Order 10 Made-in-India Fuel Tankers Worth $600M 🚢 Tender Plan: IOCL, BPCL & HPCL to jointly issue tender for 10 domestically-built medium-range tankers. 🇮🇳 Make-in-India Push: Aligned with govt’s drive to boost local shipbuilding industry. 💰 Project Value: Estimated at $600 million, with deliveries starting by 2028. 🛠️ Positive for Shipbuilders 🟩 Positive Impact: Boosts domestic manufacturing, creates jobs, and enhances energy logistics independence

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